Astec第三季度净销售额3.52亿美元：在手订单增49%至6.71亿美元，全年盈利指引下调
Chattanooga——总部位于田纳西州 Chattanooga 的道路与基建设备制造商 Astec Industries 11月5日公布2026年第三季度业绩：当季净销售额3.524亿美元，较上年同期的3.501亿美元增长0.7%；归属控股权益的净亏损为1,220万美元、摊薄每股亏损0.53美元，调整后净亏损为30万美元；当季 EBITDA 为1,140万美元，调整后 EBITDA 为1,890万美元。
分部门看，基础设施方案部门净销售额1.890亿美元，同比下降2.2%，主要受销量与产品组合不利影响、部分被定价利好抵消；材料方案部门净销售额1.634亿美元，同比增长4.1%，主要来自定价与销量组合利好。公司季末在手订单达6.705亿美元，同比大增49.2%，其中基础设施方案在手订单增47.0%、材料方案增52.1%。
财务状况方面，公司季末总流动性为2.672亿美元，包括现金及现金等价物6,320万美元与循环信贷额度下可动用的2.040亿美元；当季经营现金流1,740万美元、自由现金流1,070万美元，资本开支670万美元，并派付每股0.13美元股息。
指引方面，公司将2026年全年调整后 EBITDA 指引由此前的1.60亿至1.75亿美元下调至1.40亿至1.50亿美元。首席财务官 Brian Harris 表示，积极的现金流与审慎的资本配置使公司调整后 EBITDA 对净债务之比为2.3倍，处在1.5至2.5倍的目标区间内。
首席执行官 Jaco van der Merwe 表示，第三季度业绩低于预期，宏观经济不确定性使部分沥青工厂客户在今年早些时候暂停下单，加上通胀压力，影响了当季销售、产品组合与利润率；但随着联邦公路法案续期延迟的影响逐步消化，底层需求在第三季度回升、在手订单增长49.2%即为明证。（来源：Astec Industries）
Astec Third-Quarter Net Sales of $352.4 Million: Backlog Up 49% to $670.5 Million as Full-Year Earnings Guidance Is Cut
Chattanooga — Astec Industries, a manufacturer of road-building and infrastructure equipment headquartered in Chattanooga, Tennessee, on November 5 reported third-quarter 2026 results: net sales of $352.4 million, up 0.7% from $350.1 million a year earlier; a net loss attributable to controlling interest of $12.2 million, or a diluted loss of $0.53 per share; an adjusted net loss of $0.3 million; EBITDA of $11.4 million and adjusted EBITDA of $18.9 million.
By segment, Infrastructure Solutions net sales were $189.0 million, down 2.2%, driven by unfavorable volume and mix partially offset by favorable pricing, while Materials Solutions net sales rose 4.1% to $163.4 million on favorable pricing and volume and mix. The company's backlog grew 49.2% to $670.5 million, with Infrastructure Solutions backlog up 47.0% and Materials Solutions backlog up 52.1%.
Total liquidity was $267.2 million, consisting of $63.2 million of cash and cash equivalents and $204.0 million available under its revolving credit facility. Operating cash flow in the quarter was $17.4 million and free cash flow was $10.7 million; capital expenditures were $6.7 million and the company paid a dividend of $0.13 per share.
Astec revised its full-year 2026 adjusted EBITDA guidance from the previous range of $160 million to $175 million down to $140 million to $150 million. Chief Financial Officer Brian Harris said positive cash flow and disciplined capital allocation yielded an adjusted EBITDA to net debt ratio of 2.3x, within the company's target range of 1.5x to 2.5x.
Chief Executive Officer Jaco van der Merwe said third-quarter results were less than expected as ongoing macroeconomic uncertainty caused a pause in orders earlier in the year by select asphalt plant customers, which, combined with inflationary headwinds, affected sales, mix and margins; despite the temporary pause and the delayed renewal of the U.S. federal highway bill, he said, underlying demand rebounded in the third quarter, as evidenced by the 49.2% growth in backlog. (Source: Astec Industries)
来源：Astec Industries
发布：GSM·美国（发布链接）
图片来源：图：一座沥青搅拌站。沥青与混凝土工厂设备是 Astec Industries 的核心产品线。Globetrotter19 摄，CC BY-SA 3.0，经 Wikimedia Commons。 / Photo: An asphalt mixing plant; asphalt and concrete plant equipment is Astec Industries' core product line. By Globetrotter19, CC BY-SA 3.0, via Wikimedia Commons.
GSM Global · 本篇英文版 English edition of this story
